Quarterly ResultMay 11, 2026, 06:08 AM
Carlyle Secured Lending Q1 NII $0.36; Declares $0.35 Dividend
AI Summary
Carlyle Secured Lending, Inc. announced its first quarter ended March 31, 2026 financial results, reporting Net Investment Income (NII) of $0.36 per common share. The company also declared a second quarter 2026 dividend of $0.35 per share. Net asset value (NAV) per common share decreased by 2.3% to $15.89 from $16.26 as of December 31, 2025, primarily due to unrealized losses from widening spreads. The company repurchased $18.5 million of shares in Q1 2026, contributing $0.09 per share to NAV accretion, and upsized its share repurchase program by $100.0 million.
Key Highlights
- Q1 2026 Net Investment Income (NII) was $0.36 per common share.
- Declared Q2 2026 common dividend of $0.35 per share.
- Net Asset Value (NAV) per share decreased to $15.89 from $16.26.
- Total fair value of investments decreased to $2.3 billion.
- Repurchased $18.5 million of shares in Q1 2026, adding $0.09 to NAV.
- Non-accrual investments decreased to 0.9% of total fair value.
- Share repurchase program upsized by $100.0 million to $300.0 million.